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Deal #893 Version #49989
Peru
Created at
2013-02-15
Last update
2013-02-15
Last full update
2016-03-31
Land area
Intended size
5 394 ha
Comment on land area
This surfaces is in litigation between the peasant community San Francisco de Asis de Pucara and the mining company Centromin SA. For the community, this land is an "ancestral" common land (used in part for pasture) while for the company, it composes the Reserva Minera Pucara.
Intention of investment
Intention of investment
- [current] Mining
Nature of the deal
Comment on nature of the deal
Thomas Siron:
It seems that Centromin claimed for the property of the land in litigation and wanted, as a state company, the expropriation of the community, against whate this one attacked the company in justice.
Negotiation status
Negotiation status
- [1994, current] Concluded (Oral Agreement)
Comment on negotiation status
The conflict between the peasant community and Centromin seems to have remained unresolved. The community is confronted to other two mining companies: Sociedad Minera Austria Duvaz S.A., and Sociedad Minera Corona S.A. for question of water contamination caused by exploitation. It would be necessary to update information about the situation. Centromin, which was a state owned company, was then privatized and it seems that it is now in liquidation.
Implementation status
Comment on implementation status
The conflict between the peasant community and Centromin seems to have remained unresolved. The community is confronted to other two mining companies: Sociedad Minera Austria Duvaz S.A., and Sociedad Minera Corona S.A. for question of water contamination caused by exploitation. It would be necessary to update information about the situation. Centromin, which was a state owned company, was then privatized and it seems that it is now in liquidation.